adesso increases its investment in com2m GmbH, expanding its activities in the internet of things as a future field of business

Dortmund | 11. January 2018

The IT service provider adesso AG has increased its shares in Dortmund-based com2m GmbH from just under 25 percent to a majority shareholding of now roughly 60 percent. com2m specialises in the internet of things (IoT) and machine-to-machine communication (M2M). This means equipping machines, devices and other items with sensors and connecting them with each other in the pursuit of new business models. com2m’s core product is a scalable IoT platform for developing and operating IoT and Industry 4.0 solutions.

The internet of things is booming and the demand from companies for consulting and solutions in this segment is increasing dramatically. This is because it provides a wide range of opportunities to optimise processes and services in business and industry, and to establish new solutions that provide interesting business prospects. adesso has been working on this with com2m GmbH since the start of 2016. The company’s IoT platform has already served adesso as a basis for the companies’ first major joint projects.

The com2m platform is available as a software-as-a-service solution and makes it possible to efficiently connect machines and devices over the internet. Companies can use it to reduce the initial obstacles in the way of digitalising services and processes, and to develop modern IoT applications quickly and easily. These benefits make the platform attractive to both large companies and SMEs.

Due to its new majority shareholding in com2m, adesso is now decisively expanding its activities in this future field of information technology. Andreas Prenneis, Member of adesso’s Executive Board, explains the step: “We are delighted that we will now be able to intensify our collaboration with com2m and strategically integrate their competencies even more intensively within our digitalisation portfolio. This will provide adesso with additional business potential in a sector where requirements are continuously growing due to the digital transformation. For their part, the experts at com2m will receive access to our wide customer base and the implementation capacities of our group.”

Andreas Prenneis, Member of the Board of adesso AG

Dr Martin Peters is the CEO of com2m GmbH and says that this win-win situation will provide his start-up with an opportunity to become more intensively involved in adesso’s larger-scale structures: “With our focus on IoT, we occupy one of adesso’s important future markets. In the future, com2m will be able to realise a wide range of IoT and Industry 4.0 applications in collaboration with other companies in the adesso Group. For example, we are thinking about the requirements of the mechanical engineering industry, which comprises roughly 7,000 companies in Germany alone.”